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Metis Network: Intermittent Downtime Due to High Transaction Volume, Upgrading L1DTL Memory to Address the Issue

BlockBeats News, January 9th, Metis stated on social media that in the past few hours, the Metis network experienced intermittent outages due to a surge in mainnet transaction volume causing congestion in the L1DTL (Layer 1 Data Transaction Layer). Currently, the team is addressing the issue by upgrading the L1DTL memory and conducting recovery work.

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On-Chain Activity

4h ago

A newly created wallet withdrew 68,773 SOL, approximately $6.65 million, from a CEX.

4h ago

BlackRock transferred 37,470 ETH to Coinbase Prime, worth approximately $83.3 million.

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'Machi' liquidated, then recharged $250,000 to go long, with total long positions valued at approximately $5.88 million.

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Intel hit by another pre-market sell-off, profitable whale further increases short position by $4.5 million

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